C4 Retail
For Sale
Contact for pricing
3063 Los Feliz Blvd, Los Angeles, CA 90039
Commercial storefront property in Atwater Village with established street presence along Los Feliz Boulevard.
Property Size2,118 SF
Price / SF$469.78
Days on Market60
Property Features for 3063 Los Feliz Blvd
General Information
Standard status
Active
Size
2,118 SF
Total Parking Spaces
3
Property subtype
Retail, Office
Zoning
C4
Investment Type
Owner/User
Building Details
Year Built
1931
Listing Agency:
Industry Partners
Listed By:
CARLE PIEROSE · License #CA 0146431
Source:
Crexi
Added: Jul 2
Changed: Aug 30
Last Checked: Aug 30 at 1:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Industry Partners
Investment Insights
Based on property information with market context.
This 2,118-square-foot retail space is located at 3063 Los Feliz Blvd in Los Angeles. The property was constructed in 1931 and carries C4 zoning, supporting its classification as a commercial retail asset.
The building sits in Atwater Village along Los Feliz Boulevard, within a neighborhood described as having tree-lined streets, culinary businesses, artisanal shops, and cultural venues. Its Los Angeles location places the property within an established urban commercial setting.
The building sits in Atwater Village along Los Feliz Boulevard, within a neighborhood described as having tree-lined streets, culinary businesses, artisanal shops, and cultural venues. Its Los Angeles location places the property within an established urban commercial setting.
Key Highlights
- 2,118 SF retail space
- C4 zoning
- Constructed in 1931
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,273
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,005,460
$1.0M
Cap Rate 7%
$718,186
$718.2K
Cap Rate 9%
$558,589
$558.6K
Market Conditions
NOI Build-Up for 2,118 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$82.3K $38.88/SF
− Vacancy
−$15.3K −$7.23/SF
EGI
$67.0K $31.65/SF
− OpEx
−$16.8K −$7.91/SF
NOI
$50.3K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,005,460
Cap Rate 7%
$718,186
Cap Rate 9%
$558,589
Alternative Uses
Best Use
Office B
$718.2K
$628.4K – $837.9K
NOI $50,273 @ 7.0% cap · market cap 5.05%
Second Best
Retail
$702.2K
$614.4K – $819.2K
NOI $49,153 @ 7.0% cap · market cap 4.94%
Theoretical Best
Multifamily LT 5
$42.91M
$37.55M – $50.06M
NOI $3,003,659 @ 7.0% cap · market cap 301.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 90039, CA
28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial storefront property in Atwater Village with established street presence along Los Feliz Boulevard.
Where is this retail space located?
The property is located at 3063 Los Feliz Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2,118 SF retail space; C4 zoning; Constructed in 1931
